Consona has acquired Compiere, which markets SaaS-based, open-source ERP and CRM software in a stock deal. The value of the transaction was not disclosed. Consona, a privately owned company whose products include Made2Mange,  said it would utilize Compiere’s expertise in the area to expand its investment in cloud computing. A prepared statement by Scott Malis, GM of Consona’s ERP products, said Compiere’s primary business is distribution which meant it be a natural extension to Consona’s concentration on discrete manufacturing for small and midsize manufacturers. Read more...

Infor keeps making moves and I keep wondering if it’s going to start affecting the mid-market more. But until then, the software company has named Soma Somsundaram as SVP global product development. Somsundaram, has worked with Infor since 2002, will define software and technology strategy in conjunction with chief strategy office Bruce Richardson and will also management worldwide product development teams in the design and rollout of applications and interfaces. He was also tasked with delivering vertically tailored solutions that can be deployed faster, and that last one is fraught with meaning, whatever fraught means. It’s hard not to assume that deploying faster translates into doing something on the Web. although I suppose it could also involve more preconfigured systems. Read more...

In April, you may have remembered being told there would be no April 23 issue because there are 48 weekly issues of Bob Scott’s Insights and I want some time off occasionally. This time, really, truly promise, there won’t be an issue on June 25 unless a certain volcano blows again. The family was supposed to head to Amsterdam on April 15 and woke up to the news of some trouble in Iceland and the trip was canceled. Sunday, we try again for our reserved rooms in Amsterdam, Bruges and Paris. Read more...

There’s nothing more fun that listening to a presentation about the effect of FASB requirements on revenue recognition, is there? Actually, it’s fairly interesting, listening to speakers at a NetSuite event, designed to push its new NetSuite Advanced Revenue Recognition product. My first reaction about the discussions of about the impact of FASB rules on multi-element sales, EITF 08- Read more...